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RM Secured Direct Lending report 'robust' Q3 performance due to 'defensive nature' of portfolio

RM Secured Direct Lending's (LON:RMDL) Pietro Nicholls and James Robson catch up with Proactive London on their third quarter performance.

Robson highlights the positive NAV return of 2.25% for the quarter which year to date is minus 1.10%, set against the backdrop of the global health pandemic. He says this 'robust' performance underlines the defensive nature of the strategy and investment trust.

Nicholls talks through the fund's partnership with the UK’s economic development bank (the British Business Bank) to provide financial support to UK businesses during the global health pandemic.

Quick facts: RM Secured Direct Lending PLC

Price: 87.25 GBX

LSE:RMDL
Market: LSE
Market Cap: £102.91 m
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RM Secured Direct Lending aiming for share price to reflect NAV performance

RM Secured Direct Lending's (LON:RMDL) James Robson catches up with Proactive London about their fourth quarter performance. Robson talks through the company's NAV % Total Return for the month was +1.97%, which brings the NAV % total return for the quarter to 4.29% and for the full year 2020...

on 15/1/21

2 min read